financial crisis

Fragile European banking may trigger the next global crisis

Eleven years after the global financial crisis, the European banking industry is once again preparing for tough days ahead. After Deutsche Bank announced a large-scale layoff plan not long ago, another large European bank might follow suit to do the same.

The possibility of a worsening global economy

Yet the current global crisis we are facing now is to a considerable extent, a “man-made disaster” caused by extreme policies. One of the most obvious examples is the global trade war initiated by the Trump administration.